*This interview was recorded on 4/21/20Jim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fund to a 4200% return before "retiring" at age 37. He is considered to be one of the greatest investors of all time. Rogers has made two record-setting journeys - once by motorcycle and once by car - and is in the Guinness Book of World Records for doing so. In between his...Read More
Billionaire activist investor Carl Icahn discusses investment strategy, his short of the derivatives index CMBX 6, and his refiner CVR Energy's large-scale purchase of oil on Monday. He speaks with Bloomberg's Erik Schatzker on "Bloomberg Markets: The Close."Carl Icahn is an American business magnate, investor, activist shareholder, and philanthropist. He is the founder and majority shareholder of...Read More
Robert hosted his first-ever Instagram Live and had a very candid conversation with the creator of Valuetainment on Youtube, Patrick Bet-David about the future of the global economy in the midst of a major financial crisis. Watch to find out what Robert thinks will happen to the middle-class in what he calls the "new economy," what type of leader the country needs right now, and what millennials h...Read More
G. Edward Griffin is an American film producer, author, and political lecturer. He is best known as the author of The Creature from Jekyll Island: A Second Look at the Federal Reserve, a critique of much modern economic theory and practice, specifically the Federal Reserve System.Read More
Peter Schiff, CEO of Euro Pacific Capital, talks about markets, the gold/siver ratio, gold prices, Jeff Gundlach possibly stealing his ideas and posting them on Twitter, gun ownership, Kim Jong Un, the dollar's coming collapse, the mainstream financial media, the Fed, his diet, questions from my listeners and a million other things.Peter Schiff is an internationally recognized economist specializi...Read More
Financial writer and professional trader Rick Ackerman says he likes gold because even in deflation, debt default and destruction, "Gold will hold its value. . . . Gold is catching on now because of uncertainty and not inflation-yet."In closing, Ackerman says, "I still believe we are going to have a deflationary abyss to cross before we get to the hyperinflation of the mind where people realize th...Read More
Jim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fund to a 4200% return before "retiring" at age 37. He is considered to be one of the greatest investors of all time. Rogers has made two record-setting journeys - once by motorcycle and once by car - and is in the Guinness Book of World Records for doing so. In between his frequent travels, he has served as a p...Read More
"Misleading information is like the challenge of our industry right now," Dorsey said.Continue...Read More
Twitter has suspended the account of a Colorado biotech company which is working with Cedars-Sinai to test and develop a potential coronavirus treatmentContinue...Read More
Sound money advocates have been proclaiming that "the Fed can't print gold" pretty much since the end of the last gold standard. But no one outside that little echo chamber paid attention, fixating Continue...Read More
Like addicts who cannot control their cravings, financial analysts cannot stop themselves from seeking some analog situation in the past which will clarify the swirling chaos in their crystal balls. Continue...Read More
Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, including turnarounds and a VC-funded startup. He has a BA, MA, and MBA (UT at Austin). In his prior life, he worked in Texas and Oklahoma, including a decade as General Manager and COO of a large Ford dealership and its subsidiaries. Read More
"There is no free market. There is nothing anymore. Everything has been taken over."Gregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Street was not like the movies, he moved on to get a medical degree and practiced medicine as a Physician Assistant. He also served in the U...Read More
Which leaves the oil price as a rare indicator of what's real. Unemployment claims are real too. They've jumped 26mm in the two months since stocks hit all-time highs.Continue...Read More
A US default would be economic suicide, collapse the US dollar, collapse the stock market and throw the entire global currency system into chaos.Continue...Read More
The Fed is back to its same ole bait and switch routine.Yesterday, the Federal Reserve issued a press release, which, on Continue...Read More
Based on mainstream news coverage alone, for instance, you'd likely never know that organizers and tenants in New York are preparing the largest coordinated rent strike inContinue...Read More
The pressure on the LBMA and the COMEX has not let up, and with premiums for physical silver remaining elevated, you start to wonder if at some point there will be pressure on the COMEX physical delivery mechanism.Fortunately, in this week's Gold and Silver Market Update with Dave Kranzler of Investment Research Dynamics, we discussed the latest developments on the exchanges, whether there will be...Read More
Tavi Costa of Crescat Capital joins Tom to discuss the debt distortion in the markets. Tavi doesn't expect a V-shaped recovery, and he says, "They have never been this bullish on gold and silver." He feels that China and Hong Kong are in massive credit bubbles that will burst. We are currently in a liquidity trap as the world has lost 50 trillion in market cap from February to the bottom in March....Read More
Here are five Fastmarkets stories you might have missed on Friday April 24 that are worth another look.Anemic demand stemming from the Covid-19 pandemic resulted in another round of import price decreases for flat-rolled steel in South America, with the majority of customers reported as skipping orders for June shipments, market sources said.When the oil price fell into negative price territory at...Read More